Bankruptcy News

Sports League Files Chapter 11 as Financial Pressures Mount — Future Uncertain

Sep 13, 2026

Another Travel Company Ordered to Close as Court-Mandated Bankruptcy Cancels All European Bus Tours

A travel company specializing in bus tours to European capitals has been ordered to shut down in bankruptcy proceedings, forcing the cancellation of all upcoming trips and leaving customers seeking refunds or alternative arrangements.

Sep 12, 2026

Prominent Seafood Chain Continues Restaurant Closures After Bankruptcy Filing

A prominent US seafood restaurant chain is continuing to close dozens of locations following its bankruptcy filing earlier in 2026

Sep 11, 2026

LIV Golf Files for Bankruptcy With Saudi PIF Funding Gone and Millions Owed to Players

LIV Golf filed for bankruptcy protection after Saudi Arabia's PIF withdrew funding in April 2026.

Sep 10, 2026

LIV Golf Races to Re-Sign Players in $300M Bankruptcy Rescue; League Eyes Equity Swap

LIV Golf is pursuing a $300 million bankruptcy rescue requiring players to swap contract claims for equity in a new circuit

Sep 9, 2026

LIV Golf Files for US Bankruptcy as Saudi Backers Exit and Top Players Become Creditors

LIV Golf filed for US bankruptcy protection after Saudi PIF stopped funding. Jon Rahm, DeChambeau, and Smith are listed creditors.

Sep 9, 2026

LIV Golf Files Chapter 11, Saudi PIF Takes Major Write-Down on Failed Tour Bet

Saudi-backed LIV Golf filed for Chapter 11 bankruptcy protection after years of financial losses

Sep 8, 2026

LIV Golf's Bankruptcy Reveals at Least $500mn in Liabilities as BC Partners Circles for LIV 2.0

LIV Golf's bankruptcy exposes at least $500mn in liabilities as BC Partners signals a preliminary deal to fund a restructured successor entity, the Financial Times reports.

Sep 8, 2026

LIV Golf Files for Bankruptcy Protection, Ending Saudi-Backed League's Bid to Rival PGA Tour

LIV Golf filed for bankruptcy protection, collapsing the Saudi-backed league that sought to rival the PGA Tour and raising questions about Saudi sports investment returns.

Sep 8, 2026

Biotech Company Files for Bankruptcy 11 Weeks Before Pivotal FDA Decision

A biotech files Chapter 11 bankruptcy just 11 weeks ahead of an FDA regulatory decision on its lead drug

Sep 8, 2026

US Defense Contractor Files Chapter 11 After DoD Contracts Lapse

A US Defense Department contractor has filed for Chapter 11 bankruptcy after key government contracts were not renewed, exposing mid-tier defense names to contract concentration risk.

Sep 7, 2026

39-Year-Old Bullet Maker Mead Industries Files Chapter 11 Bankruptcy

Sep 6, 2026

36-Year-Old California Cafe Chain Files Chapter 11 After Unsustainable Financial Losses

A 36-year-old California-inspired casual dining chain filed for Chapter 11 bankruptcy protection

Sep 5, 2026

Luxury New York Real Estate Developer Files Chapter 11 Amid $14 Million Debt on Stalled Project

A luxury New York City real estate developer filed for Chapter 11 bankruptcy with approximately $14 million in debt, adding to the pattern of high-end development stress as rising financing costs and softening luxury demand pressure the sector.

Sep 4, 2026

Popular US Breakfast Chain Files Chapter 11 After Creditor Lawsuit Triggers Insolvency

A popular US breakfast and brunch chain filed Chapter 11 bankruptcy after a creditor lawsuit

Sep 2, 2026

Star Entertainment Ignored Safety Warnings Eight Months Before Tragic Casino Death, Emails Reveal

Emails reveal Star Entertainment's Brisbane casino ignored urgent warnings about a safety vulnerability eight months before a young woman died by suicide at the venue

Sep 1, 2026

LIV Golf Eyes Chapter 11 Bankruptcy Filing Within Days as Saudi-Backed Circuit Faces Financial Reckoning

LIV Golf may file for Chapter 11 bankruptcy protection as early as next week, according to the Financial Times

Sep 1, 2026

Casas Bahia Surges 47% After Court Approves 180-Day Debt Standstill; Natura and Cemig Also Move

Casas Bahia (BHIA3) shares surged 47% after a Sao Paulo court granted 180 days of creditor protection, suspending debt collection against the retailer

Sep 1, 2026

Saudi-Backed LIV Golf Eyes Chapter 11 Filing to Hand Player Ownership to League

LIV Golf may file Chapter 11 bankruptcy next week using restructuring to hand player control of the Saudi-backed tour

Aug 31, 2026

LIV Golf Preparing September Bankruptcy Filing After Mass Layoffs, FT Reports

LIV Golf is preparing for a bankruptcy filing in September 2026, according to the Financial Times.

Aug 31, 2026

LIV Golf Prepares September Bankruptcy Filing, Negotiates BC Partners Funding

LIV Golf preparing bankruptcy filing in September 2026; negotiating restructuring funding with BC Partners for a slimmed-down circuit, per FT.

Aug 31, 2026

US Mattress Chain With 24-Year History Files Chapter 11 Bankruptcy

Aug 30, 2026

49-Year Napa Valley Winery Files Chapter 11 to Halt Foreclosure as Luxury Wine Sector Strains

A 49-year-old Napa Valley winery has filed Chapter 11 bankruptcy to halt an imminent foreclosure sale.

Aug 29, 2026

Airline Investment Firm Refiles Chapter 7 Bankruptcy After Backing Failed Carriers

An airline investment company has refiled for Chapter 7 bankruptcy amid mounting financial and legal problems.

Aug 29, 2026

Popular US brewery files Chapter 11 bankruptcy, pivots to non-alcoholic ready-to-drink beverages

An established US brewery has filed Chapter 11 bankruptcy and is ceasing beer production entirely

Aug 28, 2026

European Flight Delay Claims Firm Declared Insolvent, Hundreds of Active Cases at Risk

A European company specialising in flight delay and cancellation compensation has been declared insolvent, placing hundreds of active compensation claims in limbo and raising questions about consumer protection in the air travel sector.

Aug 26, 2026

US Discount Mattress Retailer Files for Chapter 11 Bankruptcy Amid Retail Sector Pressure

A major U.S. discount mattress and bedding chain has filed for Chapter 11 bankruptcy protection, highlighting structural challenges facing mid-market retail against rising costs and e-commerce competition.

Aug 26, 2026

Pantages Capital Acquisition Corp Faces Delisting Notice From Stock Exchange

Pantages Capital Acquisition Corp filed SEC 8-K disclosing a delisting notice under Item 3.01

Aug 25, 2026

Thames Water Creditors Name Board for Bailout Bid as Restructuring Race Intensifies

Thames Water creditors have named three proposed directors with water, infrastructure, and Whitehall experience for a bailout bid.

Aug 25, 2026

First Brands Forced Into Liquidation After Court Calls Bankruptcy Plan Unconditional Failure

First Brands auto-parts maker forced into liquidation after bankruptcy payout plan rejected

Aug 24, 2026